Neonatal Infant Care Market Size

The global neonatal infant care market size was valued at USD 3.4 billion in 2024 and is expected to exhibit growth at a CAGR of 7% from 2025 to 2034. The market is growing rapidly due to increasing rates of preterm births, advancements in neonatal technologies, and rising healthcare expenditures.

The rising incidence of preterm births is one of the leading drivers of the market. Globally, approximately 10% of births are preterm, requiring specialized care, including thermoregulation and respiratory support devices. Premature infants face multiple challenges, such as underdeveloped lungs, requiring advanced technologies like incubators, ventilators, and monitoring systems. The growing demand for such devices is directly linked to the increasing number of preterm births, emphasizing the need for innovative neonatal care solutions to improve survival rates and reduce long-term complications in premature infants, driving market growth globally.

Moreover, governments worldwide are focusing on improving healthcare infrastructure, particularly for neonatal care. Investments in neonatal intensive care units (NICUs) are essential to reducing infant mortality rates, particularly in developing nations. By increasing hospital capacity and providing funding for advanced equipment, governments are enabling better access to quality neonatal care. Further, initiatives to train healthcare professionals in neonatal care techniques help expand the adoption of neonatal care technologies. These initiatives support better survival rates for preterm and ill infants, thereby driving the demand for neonatal devices and bolstering market growth across various regions.

Neonatal infant care refers to specialized healthcare practices provided to newborns, especially those born prematurely or with medical complications. It encompasses a wide range of interventions aimed at ensuring the survival, growth, and healthy development of newborns during the critical first weeks of life. This care includes thermoregulation, respiratory support, feeding, and infection management.